Southeast Asia Internet economy to hit US$1 trillion by 2030, report says The Edge Markets


Source: theedgemarkets.com theedgemarkets.com

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The report, which covers Indonesia, Thailand, Vietnam, Singapore, Malaysia, and the Philippines, found that e-commerce GMV is expected to nearly double to $120 billion by the end of the year and reach $234 billion by 2025. - A + A SINGAPORE (Nov 10): Southeast Asia's internet economy is forecast to reach $1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, an industry report said on Thursday. The report, by Alphabet's Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company, said the region had added 60 million new...